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Income Tax - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

Deduction u/s.80IC - as per AO assessee has diverted expenses ...


Taxpayer Wins Appeal: CIT(A) Reverses AO's Decision on Expense Diversion from Dehradun Unit u/s 80IC.

April 23, 2018

Case Laws     Income Tax     AT

Deduction u/s.80IC - as per AO assessee has diverted expenses pertaining to Dehradun unit being eligible unit to other manufacturing units not eligible for deduction u/s 80IC of the Act with a view to minimizing the tax liability - CIT(A) has corrected granted the relief to the assessee - AT

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